Inflation Macao 2018
Average inflation: 3.0%
Current Inflation
Inflation is high at 3.0%, well above the ECB target.
Peak and Trough
The highest inflation was in September at 3.5%. The lowest inflation was in January at 1.7%.
- Highest month
- September: 3.5%
- Lowest month
- January: 1.7%
- Difference
- 1.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 2.8%. The lowest price increase was in Energy with an average of 2.2%.
- Highest increase
- Food: 2.8%
- Lowest increase
- Energy: 2.2%
Historical Context
Current inflation is around the 5-year average of 3.4%.
- 5-year average
- 3.4%
- 10-year average
- 3.9%
- All-time high (2008)
- 8.6%
- All-time low (1999)
- -3.2%
Trend
Inflation has remained relatively stable. Compared to 2017, the difference is minimal (+1.8 percentage point).
- Change vs. previous year
- +1.8 percentage points
- Largest monthly swing
- February: +2.7 percentage points
ECB Target
Inflation is 1.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 1.7% | -0.1 |
| February | 3.1% | +2.7 |
| March | 2.7% | +2.0 |
| April | 2.9% | +2.1 |
| May | 3.0% | +2.1 |
| June | 3.1% | +2.0 |
| July | 3.3% | +2.3 |
| August | 3.3% | +1.9 |
| September | 3.5% | +2.1 |
| October | 3.4% | +1.9 |
| November | 3.1% | +1.4 |
| December | 2.9% | +0.9 |
| Average | 3.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.